Last updated: January 12, 2023, 3:58 PM IST
AI research organization OpenAI has said it will soon monetize its ChatGPT platform, after seeing a massive response to its AI chatbot that can write poems, essays, emails and even code.
The Microsoft-owned company said it is “beginning to think about monetizing ChatGPT” as a way to “ensure long-term viability.”
“Working on a professional version of ChatGPT; offers higher limits and faster performance,” said Greg Brockman, President and co-founder of OpenAI.
The monetized version of ChatGPT will be called ChatGPT Professional.
ChatGPT last reported over a million users.
ChatGPT Professional is always available (no blackout windows), fast responses from ChatGPT (no throttling), and as many messages as you need (at least 2x the normal daily limit).
“If you are selected, we will contact you to set up a payment process and pilot. Please note that this is an early experimental program that is subject to change and we are not making paid pro access generally available at this time,” the company said.
Meanwhile, reports surfaced that Microsoft plans to put $10 billion into OpenAI, which will value the company at nearly $29 billion.
News portal Semafor reported, citing people familiar with the matter, that it is still unclear whether the deal has been finalized, but “documents sent to potential investors in recent weeks detailing the terms indicated an intended closing by the end of 2022”.
Microsoft’s $10 billion investment will see it get 75 percent of OpenAI’s profits “until it recoups its investment,” the report said.
The tech giant had invested $1 billion in OpenAI in 2019.
ChatGPT opened to the general public last month and invited users to get feedback and learn about its strengths and weaknesses.
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(This story has not been edited by News18 staff and was published from a syndicated news agency feed)